ACTG has been in a downtrend for several days and now shows sign of coming back to form. This is an aggressive trade because the trend hasn't shown that it will reverse yet but technicals looks good. Recommend a tight stop of 3.28 and target of 3.55.
ACTG looks an interesting long setup. It is running within a downward channel & now at the bottom of the channel formation. It has insider buying & strong money flow divergence. We think it has good upside potential from current level.
* Trade Criteria *
Date First Found- February 6, 2018
Pattern/Why- Short term Speculative Long
Entry Criteria- Current...
Keep this on your radar! DCF models ≈ 12.6-25.68, margin of safety >85% . VERY strong balance sheet and improving REV and FCF Q/Q.
The larger weekly picture picture shows a massive head and shoulders-which cannot be ignored, but we don't believe there is any good chance of it playing out.
On a shorter time frame the previous diamond pattern has been ...